The Department of Posts has upgraded and expanded its ATM network across the country as part of its efforts to improve access to basic banking services and enhance customer convenience. With 887 ATMs now operational at post offices nationwide, citizens can carry out essential banking transactions closer to…
India’s core infrastructure sector posted a year-on-year growth of 3.7% in December 2025, driven by strong performance in key segments such as cement, steel, coal, electricity, and fertilisers, according to data released by the Ministry of Commerce & Industry. The Index of Eight Core Industries (ICI), which measures…
Crompton Greaves:Launches a new 20W mobile charger in its lighting portfolio and introduces advanced lighting products under the ‘Aquilla Plus’ and ‘Delphinus’ brands. Sunteck Realty:Its subsidiary Apricum Buildwell Pvt. Ltd. completes the 100% acquisition of Shreejikrupa Hotels and Properties. Embassy Developments:Unveils three residential projects in the MMR with…
South Indian Bank announced revisions to its Marginal Cost of Funds based Lending Rate (MCLR) across multiple tenors, effective January 20, 2026, reflecting current interest rate conditions and funding costs. The update was communicated to stock exchanges on January 17, 2026. Revised MCLR Rates Overnight MCLR: 8.05% One-month…
India and the United Arab Emirates have set an ambitious goal of doubling bilateral trade to US$ 200 billion by 2032, underscoring the growing depth and strategic importance of ties between the two countries. The announcement came during the visit of UAE President Sheikh Mohamed bin Zayed Al…
NBCC (India) Limited has notified the stock exchanges about receiving tax demand orders aggregating ₹94.51 crore from Central Goods and Services Tax (CGST) authorities. The disclosure was made on January 20, 2026, in compliance with Regulation 30 of the SEBI Listing Regulations. The demands include tax, interest, and…
LTIMindtree Limited reported consolidated financial results for the quarter ended December 31, 2025, showcasing steady growth across revenue, profitability, and client metrics. Revenue and Profit Highlights In US dollar terms, the company posted revenue of $1,208 million, up 2.4% sequentially and 6.1% year on year. Constant currency revenue…
Public Sector Banks (PSBs) have approved a substantial volume of credit for the Micro, Small and Medium Enterprises (MSME) sector, sanctioning over 3.96 lakh loan applications amounting to more than ₹52,300 crore (US$ 6.30 billion) between April 1 and December 31, 2025, according to data released by the…
The Indian government is working on a $1 billion support package aimed at strengthening and revitalising the domestic footwear manufacturing industry, which has been facing mounting pressure due to adverse global trade conditions. The proposed initiative is intended to address current challenges while reinforcing India’s manufacturing and export…
India is on track to achieve a major economic milestone, with State Bank of India (SBI) Research projecting that the country will transition into the upper middle-income category by 2030. According to the report, India’s per capita income is expected to reach around ₹3.32 lakh (approximately US$ 4,000)…